Word: firms
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...should hit $4.6 billion by 2008, according to the International Biometric Group in New York City. "The U.S.-VISIT program is by far the most important national-security program in the world right now," says security-technology analyst Prianka Chopra of Frost & Sullivan, a New York City market-consulting firm. "Every country is looking to the U.S. to see what the program is doing and what technologies will be used." Chopra expects the global biometrics industry to grow at a compounded annual rate...
...banks and thrifts, there are well-defined procedures for dealing with insolvencies through the Federal Deposit Insurance Corp. But much of the financial action in recent years has moved to companies for which there is no such shutdown plan. When Wall Street firm and major mortgage player Bear Stearns experienced something akin to a bank run in March, the solution that Paulson and Bernanke came up with was a hastily arranged sale to JPMorgan Chase & Co., backed by a $29 billion guarantee from the Fed. The Fed is responsible for keeping prices stable and credit flowing. Bailing out troubled lenders...
...with the courts. They allege that while in office, Thaksin influenced the sale of state land to his wife at a discount, gave a preferential Thai government loan to the government of Burma to buy telecoms equipment from his company, changed the laws on telecommunications concessions to increase his firm's profits at the expense of government telecom agencies, and illegally instituted a government lottery scheme using some of the proceeds as a slush fund for political purposes. Thaksin has repeatedly denied all the charges...
Still, there's no question that becoming financially sophisticated brings a new level of independence. Bridge Partners, which includes Gulf royals and business billionaires among its clients, began focusing on managing money for women two years ago when a Saudi princess asked the firm to organize some investment workshops. Managing director Bell says he found "a lot of anger and frustration" among the workshop participants. "They'd say, 'I inherited this money from my dad, and it's just sitting there. We're not given the ability to make proper investments, to control our own money...
...tapping into this market, it clearly pays to be sensitive to the social and cultural dynamics of the region. But ultimately the key, as with male clients, is to offer financially compelling products. When an investment firm recently asked Dashti how to market its services to women, the meeting was short: "Go back to the ABCs of business," she said. "If you have a good product, women will...